What Can We Learn About Retirement Planning From Baseball?
Release Date: 06/20/2024
The 5 Biggest Pain Points in Retirement
The Retirement Huddle
Are you losing sleep over your retirement plan? You’re not alone, and this episode breaks down the most common financial pain points keeping retirees up at night. Mark shares the five biggest fears he sees in his own practice, from outliving savings to the crushing cost of long-term care. But more importantly, he offers clear, realistic strategies to turn worry into confidence and overwhelm into action. Here’s some of what we discuss in this episode: 🚫 Avoiding running out of funds in retirement 🧾 Smart tax planning = more money in your pocket 🏥 How long-term care could drain...
info_outline
Five People You Meet In Retirement
The Retirement Huddle
Retirement isn’t just a financial transition, it’s a complete lifestyle transformation. It marks the beginning of a new chapter that should be filled with purpose, connection, and well-being. In this episode, Mark draws inspiration from The Five People You Meet in Heaven to highlight the five essential people you should meet before you retire. These aren’t just helpful contacts, they’re the difference-makers who can profoundly shape your experience in retirement. Here’s some of what we discuss in this episode: 📊 Why your advisor should offer more than just investment advice 📜...
info_outline
Retirement Myths That Need to be Busted
The Retirement Huddle
Retirement is meant to bring peace of mind, but that’s hard to achieve when your plans are based on ideas that aren’t completely true. Too many people head into retirement relying on outdated assumptions they’ve heard for years, without realizing the risks they carry. These myths can create a false sense of security, leaving critical gaps in your plan you won’t notice until it’s too late. In this episode, Mark debunks some of the biggest retirement misconceptions that could quietly sabotage your financial future. Here’s some of what we discuss in this episode: 🦍 A zoo hoax...
info_outline
You're Asking The Wrong Questions
The Retirement Huddle
Most people approach retirement planning with a list of questions in hand, but what if you're asking the wrong questions? In this episode, Mark unpacks why traditional thinking about retirement often leads people astray. If you’ve ever fixated on your “magic number” for retirement or chased high returns, Mark will show you how those concerns might be holding you back and what to do instead. Here’s some of what we discuss in this episode: 💰 Why a magic “retirement number” is a myth 🏥 Smarter ways to plan for long-term care 🧾 The one document your advisor should be...
info_outline
Mailbag: Federal Job Uncertainty & The Travel Bug
The Retirement Huddle
In this mailbag episode, Mark tackles two listener questions from opposite ends of the retirement spectrum. One faces a potential layoff, and the other dreams of seeing the world. Different situations, same goal: a secure, flexible retirement. Mark shares clear, practical strategies for both, including how to build financial resilience, strengthen your emergency savings, and fund global adventures without derailing your long-term financial plans. Here’s some of what we discuss in this episode: 🚨 What to do if forced into early retirement 📦 Building a financial cushion...
info_outline
Mailbag: RMD Strategy, Emergency Funds and Long-Term Healthcare
The Retirement Huddle
In this listener Q&A episode, Mark answers some of the questions that keep people up at night, from long-term healthcare without the monthly drain to how much to actually have in your emergency fund. We walk through strategies like Roth conversions, qualified charitable distributions, and alternative ways to cover long-term care costs, all with the goal of keeping more money in your pocket and building a retirement plan that works for your life. Here’s some of what we discuss in this episode: 📉 How to shrink your future RMD tax bill 💸 Emergency fund strategy: 3 months, 6...
info_outline
Want to Retire Early? Here’s What You Really Need to Know
The Retirement Huddle
For many, the dream of retiring before the traditional age of 65 is appealing, but it comes with its own set of challenges and considerations. In this episode, Mark explores the nuanced challenges of early retirement, from financial preparedness to managing longevity risk and the often-overlooked emotional aspects of leaving the workforce. Here’s some of what we discuss in this episode: 🏥 Healthcare before 65 is one of the biggest planning hurdles 📉 Sequence of returns risk can derail early retirees without proper planning 🎯 Retiring is one thing—staying retired with purpose is...
info_outline
Game Night: What We Can Learn About Financial Planning From Board Games
The Retirement Huddle
Monopoly, Battleship, Risk, and even Candyland. All of these are board games that you may have played with your family or friends at some point or another. But did you know they also hold valuable lessons for your financial life? From avoiding emotional attachment to your investments to managing risk, these games can teach us a lot about making smart money moves. Tune in as Mark connects the dots between your favorite board games and a winning financial strategy! Here’s some of what we discuss in this episode: 📊 Not getting too attached to any one fund or stock in your portfolio. ...
info_outline
The Things You Can Control in Retirement
The Retirement Huddle
In retirement planning, there are a lot of things that are completely out of your control. Fortunately, the things that you can control allow you to deal with those things that you can't. With so many variables out of our control, it’s essential to focus on what we can manage to ensure a peaceful and financially secure retirement. This show will cover topics like market risks, lifetime income streams, tax strategies, and the role of Social Security in a comprehensive retirement plan. Join us to...
info_outline
Mailbag: Is Buying A Bigger Home In Retirement Crazy?
The Retirement Huddle
We’re excited to bring a new mailbag episode to the show! We have two great questions to tackle in today’s episode. First up, Becky asks if it would be crazy to buy a bigger house in retirement to accommodate her kids and grandkids and what factors she should consider before making that decision. Next, Donovan asks what he should focus on now at 45 to prepare for retirement at 60, given that his primary investment is his business and he doesn't have a 401(k). Tune in to hear Mark discuss these important retirement planning questions and offer valuable insights! Here’s some of what we...
info_outlineHow can you walk off a winner into retirement? Listen in as Mark dives into the key areas of retirement planning through the lens of America’s pastime.
Here’s some of what we discuss in this episode:
- How having a solid retirement plan is a little bit like playing “small ball.”
- The “Moneyball” approach, avoiding emotional decisions and focusing on the numbers.
- The “five tools” or the five key areas of retirement.
Want to get in touch with Mark?
https://retirementhuddle.com/
[email protected]
888-511-7526